Is he the most prolific attorney in the city you’ve never heard about?
Probably not.
Still, it’s possible to lose track of just how many deals Fried Frank partner Meyer Last inked in 2011. Call it the Jon Mechanic effect. Read More
The law firm Milbank Tweed, Hadley & McCloy LLP is negotiating to renew its lease at the downtown office building 1 Chase Manhattan Plaza, sources said.
The firm occupies 375,000 square feet on several floors at the property, which is owned by the bank JP Morgan Chase. Rents in the deal were not available by press time. The lease is a change in plans for the company. Read More
Japanese bank Nomura’s decision to move out of the World Financial Center downtown and take 900,000 square feet at Worldwide Plaza in midtown is undoubtedly a blow for the tip of the island’s commercial future. The move will leave a huge vacancy at the Brookfield Properties-owned complex just as 3 million square feet of leases there are ending in 2013. (We saw the move coming in mid-May.)
But it’s more than just the vacancy. Read More
Nomura, the most-watched tenant on the market right now, is close to finally signing a 700,000-square-foot deal at George Comfort & Sons’ Worldwide Plaza, numerous sources told The Observer.
In almost any other scenario, we would assume that if five top brokers have all heard such news it must be true, but with so many Read More
Deloitte, the mammoth accounting firm that represents the largest tenant looking for space in the Manhattan marketplace—it’s prospecting with Cushman & Wakefield for between 500,000 and 600,000 square feet—is narrowing its search to two buildings: World Financial Center, where much of its operations are currently housed, and Worldwide Plaza at 825 Eighth Avenue, according to Read More
When Worldwide plaza was completed in 1989, the West Side conjured thoughts of West Side Story, not high-end office space.
Fast-forward 20 years, and the sale of Worldwide Plaza—the 47-story granite and brick edifice that towers above Hell’s Kitchen, spanning 49th and 50th streets and Eighth and Ninth avenues—has been 2009’s biggest New York City Read More
A mere five months after the New York Post reported that magazine giant Hachette Filipacchi might try to save on rent by leaving 1633 Broadway for more austere, smaller digs, Hachette has begun to narrow its options, according to a source familiar with the Elle publisher’s office hunt.
Hachette has about 280,000 square feet at Read More
At long last, after one of the longer courtships in recent history, George Comfort & Sons has completed its purchase of Harry Macklowe’s old Worldwide Plaza, at 825 Eighth Avenue.
Last month, after it was publicly revealed that George Comfort was in contract for the 47-story office complex, after George Comfort and its investment partners Read More
Deutsche Bank may have unceremoniously kicked would-be Worldwide Plaza buyer George Comfort & Sons to the curb on Monday afternoon—to the shock of nearly everyone involved—but the spurned suitor will not be deterred. George Comfort & Sons just released the following statement to The Observer via their spokesman at Rubenstein (no relation to Read More
At some particularly fantastical point in the run-up to the commercial real estate implosion, it became commonplace for one square foot of high-end office space in Manhattan to sell for $1,000. Put another way, one square inch of space—barely enough room to accommodate a buyer’s little toe—would sell for $6.94.
In June 2006, the Read More
